Job Description – Senior Cost Specialist General Description The Senior Cost Control Specialist will be responsible for assisting the Project Managers, Operations Directors, and other project team members with all facets of project cost control and execution. Key to this role will be the ability to effectively liaise between Project Management, Operating Unit Partners, Project Controls, and Project Accounting regarding both Cost Analysis functions to ensure appropriate information sharing and risk/performance management. The Senior Cost Control Specialist will be responsible for effectively capturing, tracking, and measuring a broad range of project budgets, actual and forecast cost, change management, risk and contingency management, project billings, accounts receivable, accounts payable and project valuation information to satisfy QISG monthly close, and Quanta / Client reporting requirements. This position will be expected to guide and transfer knowledge to junior project controls individuals as needed. Work assignments may include multiple concurrent projects. While not otherwise involved in project-specific work, the Senior Cost Control Specialist will support other project and proposal efforts. The Senior Cost Control Specialist understands the entire Cost Analysis functions, with responsibilities as follows: General Project Controls DutiesSupport or modify Project Controls Execution Plan (PCEP),Assist with staff development,Adheres to internal standards, policies, and procedures,Supports internal and external audits,Responsible for ad hoc requests and inquiries, as required. Cost Control DutiesEstablish, maintain, and update cost control budgets, actuals, and forecasts within QISG cost control system via Cost Breakdown Structure (CBS)Prepares, manages, and updates project budgets, budget transfers, through the Prime and Subcontract change management process (including change logs)Supporting project change processes by helping to create, review and track project deviation notices and variationsManage impact of changes & trends with discipline leads, operating units and project managementActively manage cost forecast; raise and facilitate the trend process; updates to forecast and cost flowManage Internal Operating Unit (OpU) and 3rd part subcontractor budgets, commitments, actuals and forecastingManage material and equipment vendor budgets, commitments, actuals and forecast, including tracking cancellation clausesDeveloping, reviewing and validating data with discipline leads for cost reporting data, incurred cost, earned value and forecastCommunicate with project team, receiving regular status and forecast updatesQuality Control (QC) and analysis of project controls deliverables including Estimate at Completion (EAC) changesDevelop and maintain professional services staffing plansCalculate, explain, and report variances, performance, and other project metrics, including Cost Performance Index (CPI), Schedule Performance Index (SPI), Manpower, Progress and ProductivityCalculate and explain value of work done and accruals for all aspects of project costPerforms change and risk management responsibilities; identifies, documents, and assists with developing mitigation plansCalculate and forecast project cost risk values and assess against remaining contingencies and allowancesResponsible for the preparation of Prime Contract progress payment applicationsReview, code, and enter vendor and subcontract invoices, lien waivers, logs, against contract terms, into QISG accounting systemAssimilate project data for monthly or other frequency customer and internal reports; create reporting graphics and tables using Power BI or other graphical softwareInterface with finance and accounting for understanding and forecasting all revenue and project cost expenditure, revenue recognition, customer invoicing, cash flow and cash callsAbility to be solely responsible for all cost analyst duties on a project or portfolio of projects Required Experience and EducationBachelor's degree in Construction Management, Engineering, Business or related field; or Project Controls and industry experience, may be substituted5+ years of project controls experience with multi-year design and construction projects, specifically in the EPC spaceKnowledge and proficiency of EcoSys will be a plusStrong knowledge of Microsoft Office Suite Preferred Experience and EducationJDE and Primavera P6 experience is a plusDocument control (Procore a plus) and contract administration and management SkillsMaintain a safe office working environmentStrong knowledge of, and the interrelationship of, a thorough technical project scope definition, quality of the schedule and estimate, construction sequence and execution, procurement and contracting strategies through substantial completionThorough understanding of project controls activities related to cost control, planning/scheduling, progress / manpower / productivity, change management, risk management, contingency management and reportingProven team player with the ability to work effectively in cross-function teams and to develop and maintain collaborative working relationshipsExcellent interpersonal and communication skills (both written and verbal) with the ability to communicate effectively and professionally to all levels of the organization Strong organizational and time management abilities; capable of managing multiple projects and priorities simultaneously Innovative individual with pro-active, analytical approach to problem identification and resolution Travel RequirementsTravel: YesPercent of Time: Up to 25%